Vietnam-Japan trade tops 23 billion USD in H1

Vietnamese businesses introduce their products at Foodex Japan 2022. (Photo: VNA)

Hanoi (VNA) – Vietnam’s total export turnover to Japan reached 11.38 billion USD in thefirst six months of 2022, up nearly 13% over the same period last year, according to the GeneralDepartment of Customs.

Meanwhile, imports from Japan in the period reached 12 billion USD,up 10.6% year on year.

The scale of two-way trade between Vietnam and Japan is only after itstrade with China, the United States and the Republic of Korea (RoK).

Vietnam’s export goods are quite diverse, from agriculturalproducts to processing and manufacturing goods.

During the period, three groups of export goods with the valueof more than 1 billion USD include: textiles and garments, with nearly 1.67billion USD; machinery, equipment, tools and spare parts, 1.364 billion USD;and means of transport and spare parts, 1.2 billion USD.

Three groups of imported goods with turnover of more than 1billion USD, included computers, electronic products and components, with morethan 3.5 billion USD; machinery, equipment, tools and spare parts, 2.14 billionUSD; and iron and steel, more than 1 billion USD.

In 2021, bilateral trade between the two countries reached nearly43 billion USD, of which Vietnam’s exports were valued at 20.13 billion USD andimports were worth 22.8 billion USD./.

VNA